H.C. Wainwright analyst Mitchell Kapoor initiated coverage of Sarepta (SRPT) with a Sell rating and $80 price target The firm considers Elevidys consensus estimates to be too high. Elevidys consensus estimates of $2.14B in 2025 is aggressive, considering the modest clinical efficacy profile of the product observed to date and the limited evidence to support use across the entire Duchenne muscular dystrophy population, the analyst tells investors in a research note. H.C. Wainwright believes “lofty” consensus numbers in 2025 and beyond imply significant commercial uptake of Elevidys in older patients and non-ambulatory patients.
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